Corbus (CRBP) CEO Yuval Cohen sells shares in Rule 10b5-1 tax-cover transaction
Rhea-AI Filing Summary
Corbus Pharmaceuticals Holdings, Inc. director and Chief Executive Officer Yuval Cohen reported an open-market sale of 13,871 shares of common stock at a weighted average price of $7.7826 per share on February 13, 2026.
According to the disclosure, this sale was executed under a Rule 10b5-1 trading plan adopted on March 14, 2025 and was mandated as a “sell to cover” transaction to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units (RSUs), rather than a discretionary trade. Following this transaction, Cohen directly owned 174,316 shares, which includes 138,049 unvested RSUs subject to their existing vesting schedules.
Positive
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Negative
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Insights
CEO sale is routine tax withholding under a preset plan.
The CEO of Corbus Pharmaceuticals Holdings, Inc., Yuval Cohen, sold 13,871 common shares at a weighted average of
A key detail is that the sale was executed under a Rule 10b5-1 trading plan adopted on
After the sale, Cohen’s direct holdings totaled 174,316 shares, including 138,049 unvested RSUs subject to their vesting schedules. This indicates continued significant equity exposure, and the transaction reads as routine equity-compensation housekeeping rather than a thesis-changing move.